crude oil

After China, India has emerged as second-largest buyer of Russian oil, taking the advantage of discounted prices.

Saudi Arabia Energy Minister lambasted a Reuters journalist and refused to answer his questions for misleading reports on oil price

India is now the second largest buyer of Russian oil after China. India chose to buy Russian oil in defiance of pressure from West.

Bangladesh government is considering asking India for assistance to deal with the acute fuel crisis the country is experiencing recently

Deputy National Security Adviser for International Economics of the Biden administration, Daleep Singh, courted controversy after he threatened India with 'consequences' for purchasing oil from Russia

While India is facing criticism for buying Russian oil, India's oil import from the US is set to go up by 11%

Lars Barstad, the CEO of a New York-listed tanker company has been quoted by the FT report as saying, "the discounts on the Russian Urals for India was about $25-30 per barrel. Freight rates would add only $3-4 per barrel, making the trade economic for India."

MEA clarified that Russia is not a major oil supplier for India, and the country is always exploring all possibilities

These 'experts' have chosen to conveniently ignore that major NATO countries have continued to purchase billions of dollars worth of Russian oil and gas while using heavy words to denounce the Russian military operation in Ukraine, and pumping weapons into the war, basically paying both sides to fight.

Even after imposing sanctions on Russia for invading Ukraine, European nations continue to import gas and oil from Russia